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NOTE regarding the ABS revisions to Sept and their impact on Conus Trend figures. The revisions to the ABS data for Sept and the preceding months, announced a few days ago and discussed here, have inevitably had an impact on the Conus Trend data for Sept. It is therefore worth …read more
Despite the rather disappointing QLD Building Approvals data reported on last week (see here), the regional data released this morning shows that things are holding up OK in the Far North. The ABS produce raw (unadjusted) data for the Local Government Areas and this shows Cairns (incl Port Douglas) at …read more
A story in the Cairns Post today discusses a “mega-familiarisation” for backpacker tour agents in Cairns. The backpacker market is obviously an important sector for the region so this is good to see happening. However, for reasons that escape us, the Post has decided to demonstrate the importance of the …read more
Although we have been, and continue to be, rather sceptical about the Master Builders Survey of Industry Conditions (largely because the forecast changes always seem either wildly optimistic, or horribly pessimistic) their most recent report for the Sept quarter (available for download here) shows actual business performance conditions (as opposed …read more
As we commented on at the time (see here) the Productivity Commission draft report into disaster relief funding contained some very worrying recommendations around NDRRA disaster funding. The proposed reduction in Federal assistance from 75% to 50% would result in a massive, and achievable, increase in the share of cash …read more
Our previous blog regarding the Dept of Employment Small Area Labour Market (SALM) data contained a graph showing the unemployment rate for the Cassowary Coast, Cairns and Townsville Local Government Areas. We had previously been tracking the aggregated unemployment rate for the CCRC using the “old” Statistical Local Area data …read more
Every quarter the Department of Employment produce their Small Area Labour Market (SALM) statistics. Following the changes to the ABS geographical standards this year the Dept have been struggling to put together the data for the March and June quarters of 2014. It’s been a long time waiting but today …read more
Today’s Cairns Post has splashed with a story that Tony Fung is prepared to walk away from the Aquis proposal if his proposed take-over of the Reef Hotel Casino isn’t OK’d by the authorities soon enough. However, behind the brouhaha lies a simple truth; the process isn’t taking any longer than usual. …read more
The graph below plots the Conus and ABS Trend series for employment to working population ratios. As we can see, the Trend has been on a steady decline since early 2009 with the gap between Greater Brisbane and the Rest of Queensland staying largely stable. However, Cairns has been highly …read more
Friday’s article from the Cairns Post (see here) on the regional jobs data makes it clear that they still haven’t got a grasp of how unreliable the raw ABS data is. The article reports a “bizarre situation” where the number employed a year ago is higher than the number employed …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series